https://www.thestar.com.my/business/business-news/2020/10/21/boost-for-gloves-if-supermax-kossan-added-to-klci

When Supermax is added to KLCI, TP will be RM25

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Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 25 billion. However, Supermax profits defeat Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.

Harta's boss' said "Glove supply will not meet demand in next three years"

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Forward momentum coming in

It's normal profit taking. Will rebound to RM11 when it is time to collect again.

GREEN

REBOUND INCOMING

Post removed.Why?

@jonathanchee
All you can say is use your brain to think?
You can't come up with the facts and numbers like me. Cause you're pathetic.

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@jonathanchee and @Sweetchocalates want to collect low to get ready for RM 1 billion profit to be announced by Supermax Management next week.

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Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 25 billion. However, Supermax profits defeat Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.

Harta's boss' said "Glove supply will not meet demand in next three years"

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

@jonathanchee
The President of the United States will not determine glove prices you twerp.
They will HAVE to accept Top Glove's gloves sooner or later to due HIGH DEMAND.
It was report that the UK's NHS were using Top Glove's gloves although there was news about the TG ban.
They have to accept Top Glove gloves.
Why?
Top Glove is all about Top Efficiency and Top Quality.

@Sweetchocalates
Press down what? IB what? Supermax just rebounded.
Retailers are just taking profit, they will just buy back Supermax again before or when the RM1 billion results are released next week on Oct 28. Simple.

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The naysayers say, "HOW CAN SUPERMAX EARN RM1 BILLION IN ONE QUARTER?"

The answer:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Supermax's is earning USD and Canadian Dollars with their own brand marketing and huge production capacity of gloves and masks.

Maybank market cap (80b) (RM940 million profit previous quarter) is THREE TIMES larger than Supermax (26b) (RM1 billion profit Oct 28 QR) but Supermax defeats Maybank's profit.
Fantastic.

@Seeyounoup
Go back to your [CCM]: Chemical Co of Malaysia Bhd that LOST RM709,000 previous quarter.
Supermax is for the big boys.
Supermax GAINED RM400 MILLION last quarter and next week is projected to do RM1 billion in profits.

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Glove supply will not meet demand in next three years
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-dema...

The Big 4 glove companies can't even meet the demand for the next 3 YEARS.
Meanwhile, hotels will remain closed for years.

Genting LOST RM786 million in one quarter and will continue to incur losses.
Supermax GAINS RM1 billion (28 Oct QR expected) in one quarter and will continue to grow.

Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits. Fantastic.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

@UPlanet
Jonathan will enter at RM10 when the momentum is building up, maybe RM12

@andylohehh
Somebody has to tell the truth la haha

@Shawalrich87
When companies exercise such a massive buyback, it is because they KNOW the price target for their company will surge when the next QR is released.
In this case, Supermax's QR will be released in late October next week.

RHB: Low risk of windfall tax on rubber glove sector
https://www.theedgemarkets.com/article/rhb-low-risk-windfall-tax-rubber-gove-sector

“Lastly, imposing a windfall tax may be counter-productive, as it could encourage local glove makers to adjust their future expansion plans overseas to countries like Thailand and China"

Retailers are taking profit, they will just buy back Supermax again before or when the RM1 billion results are released next week on Oct 28.

Retailer buy back not company buy back Shawal you bongok.

@goldenluck16
IT'S NORMAL PROFIT TAKING. PEOPLE WILL BUYBACK WHEN IT'S TIME TO BUYBACK.
Stop blaming IB

Post removed.Why?

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Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 25 billion. However, Supermax profits defeat Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.

Harta's boss' said "Glove supply will not meet demand in next three years"

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Anyway I'm in a good mood right now due to this discount period

@Dr.Sim
It's normal profit taking. Will rebound when it is time to collect again.

@jonathanchee
Just now you said "i already told you guy tmrw IB gonna press TG to RM8. buy now confirm tmrw go holland"

Now Top Glove going back up, you sing a different tune. You are pathetic.

@DonWorryBeHappy
Yeah it's profit taking.
Supermax's RM1 billion QR on Oct 28 next week too good. So take profit first then buyback later.
That's what retailers are doing.

@jonathanchee
BELOW 7.5?! So much consolidation went on already and you still thinking of 7.5?
Ok sell your grandmother's belongings and queue at 7.5 now.

Game over means time to top up for next week's QR!
People always think QR released means price drop what a joke.

When Top Glove share split, it went down.
When Rubberex shares split, everyone say it will limit down like TG but it WENT UP 15% on Monday.
You think patterns ALWAYS repeat itself?
It's all about market sentiment, not "ThE PaTTerN"

@jonathanchee
You can follow "ThE PaTTerN"
Queue TG at RM8 with your grandmother's belongings and house now.

@jonathanchee
When Top Glove share split, it went down.
When Rubberex shares split, everyone say it will limit down like TG but it WENT UP 15% on Monday.
You think patterns ALWAYS repeat itself?
It's all about market sentiment, not "ThE PaTTerN"

@jonathanchee
You can start queueing your whole house and grandmother house at RM8.00 ok?

It's just normal profit taking. After profit taking is done, everybody will start buying again because next QR result will be phenomenal.

@Come
It's called profit taking. Not pressing. Twerp.

After the sale can't get any lower, everybody start to buy back again for next week RM1 billion QR.

Discount is here!

@Cashkingdom and @jonathanchee world class analysts. Can work for Vanguard already.
Yesterday, Topglove's low was 8.590. That's already considered low for such a good stock.
Today's low is 8.720. It is going up again.
RM8? Dream more.

Post removed.Why?

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Nobody is trying to push down anything.
People are just taking profit and they will buyback again later.

@Come
Nobody is "pressing" anything.
People are just taking profit and they will buyback again later.

Discount period. Better take the offer. It don't last forever.

@Sweetchocalates
Volume high today is because people bought until 9.90.

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Remember Harta's boss' words:
"Glove supply will not meet demand in next three years"
Supermax's QR on Oct 28 next week expected to hit 1 billion easily.

This means that Supermax can hit 1 billion to 1.5 billion+ in profits EVERY QUARTER for years to come, thereby making it the size of Public Bank.

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Panic low volume selling by ikan bilis.

-
Glove supply will not meet demand in next three years
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-dema...

The Big 4 glove companies can't even meet the demand for the next 3 YEARS.
Meanwhile, hotels will remain closed for years.

Genting LOST RM786 million in one quarter and will continue to incur losses.
Supermax GAINS RM1 billion (28 Oct QR expected) in one quarter and will continue to grow.

Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits. Fantastic.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

@Sweetchocalates
You think a retailer cannot have 300,000 to 500,000 units? You live under a rock?

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Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 25 billion. However, Supermax's profit defeat Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.

Harta's boss' said "Glove supply will not meet demand in next three years"

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

@Sweetchocalates
It's not IB it's the retailers themselves. Anyway.

@Shawalrich87
Down so can top up.

@Sweetchocalates
It was announced on a radio show. If you don't believe me, read this article by The Star released today:
https://www.thestar.com.my/business/business-news/2020/10/22/rubber-glove-shares-all-take-a-beating

"An analyst said the plunge in rubber glove stocks was due to profit-taking activities before the start of the results season again"

"Hartalega is expected to announce its results next Tuesday while Supermax will be announcing sometime next week.

Kossan’s results are expected in the second or third week next month while Top Glove may announce in the second or third week of December."

Believe me now?

-
Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 25 billion. However, Supermax profits defeat Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.

Harta's boss' said "Glove supply will not meet demand in next three years"

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

@dhylis1648
Supermax's QR results CONFIRMED coming out next week.
Analysts say the drop in price is due to profit-taking because the next QR result will be so fantastic that they want to take profit and collect low again.

@Morpheus61
I heard Careplus' QR is released this Friday. Don't know if true. We will see.